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Senate Begins Moves to Ensure Immediate Relocation Of Oil & Gas Companies To Operational Bases In N’Delta

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The Senate has begun moves to ensure that all Oil and Gas Companies in Nigeria as a matter of urgency, relocate to the operational bases especially in the Niger Delta geo-political zone of the country.

To fast track the movement of the companies, the Senate on Tuesday, mandated its Committees on Petroleum Resources Upstream; Downstream Petroleum Sector and Gas to liaise with the Ministry of Petroleum Resources and the Presidential Implementation Committee on the Petroleum Industry Act (PIA) to facilitate the relocation of the oil and gas companies in Nigeria to their various operational bases to ensure their smooth operations.

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The Committees on Upstream; Downstream and Gas are chaired by Senators Muhammed Sabo, All Progressives Congress, APC, Jigawa South West; Albert Bassey Akpan, Peoples Democratic Party, PDP, Akwa Ibom North East and James Manager, PDP, Delta South respectively.

Resolutions of the Senate were sequel to a motion titled, ‘urgent need to encourage all multinational and Nigerian Oil and Gas Companies to relocate to their Operational Bases.’

The motion was sponsored by Senator Albert Bassey Akpan, PDP, Akwa Ibom North East and co- sponsored by 23 others.

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Presenting the motion, Senator Akpan said that “The Senate notes with concern that multinational and Nigerian oil and gas companies have over the years been operating from their respective operational bases until militancy and insecurity in the host communities in the Niger Delta became the order of the day.

“Also notes that the reason proffered by the oil and gas companies for not relocating to their host communities has always been due to insecurity and hostilities in the host communities.”

According to him, the Senate is “Aware that operating outside the host communities and the operational base is the reason for the high cost of production which has been the bane of the country’s oil and gas industry, militating against maximum revenue from crude oil and gas sales to the Federation Account;

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“Recalls that this high cost of production has been one of the most contentious elements of our petroleum industry value chain.”

Senator Akpan said that the Senate is “Convinced that the recent passage and signing into law of the Petroleum Industry Act, 2021 (PIA) by the National Assembly and the President of the Federal Republic of Nigeria respectively, is a major milestone towards the restoration of lasting peace in the host communities;

“Further convinced that the Petroleum Industry Act, 2021 now places certain responsibilities on the security, peace and safety of oil and gas infrastructure on the host communities to safeguard and ensure peaceful co-existence between oil and gas companies and their host communities.

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READ ALSO: Urhobo, Isoko Ex-agitators Team Up, Inaugurate Exco

According to him, the Upper Chamber is, “Further convinced that is an opportunity to restore, recover and rehabilitate the massive and huge infrastructural facilities abandoned by the various oil and gas companies in their various operational bases to ensure their full utilization; and

“Assured that the relocation of these companies to their host communities will further boost development in those areas and enhance the corporate social relationship and strengthen our collective resolve to considerably reduce the contentious cost of production and ensure adequate returns to the federation account.”

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42 Killed In Israeli Attacks, Says Gaza’s Civil Defense

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Gaza’s civil defence agency reported at least 42 people killed in Israeli attacks on Sunday, as the Israeli army prepared for a new assault on the Palestinian territory’s largest city.

Civil defence spokesman Mahmud Bassal said there had been several air strikes around Gaza City — which the military is gearing up to capture — including one in the Al-Sabra neighbourhood that killed eight people.

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Attacks were also reported elsewhere across the territory, he said, with the “total tally currently rising to 42 dead”.

READ ALSO:Russia, Ukraine Exchange Prisoners Of War, Civilians

The army did not immediately respond to a request for comment on the figure.

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The situation is extremely dangerous… Each day, each minute, there are bombings, martyrs, death and blood — we can’t take it anymore,” Al-Sabra resident Ibrahim Al-Shurafa told AFP, explaining strikes and shelling were ongoing.

We don’t know where to go. Death follows us everywhere,” he added.

READ ALSO:Russia Claims More Ukraine Land As Hopes For Summit Fade

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Media restrictions in Gaza and difficulties in accessing many areas mean AFP is unable to independently verify the tolls and details provided by the civil defence agency or the Israeli military.

The October 2023 Hamas attack on Israel that sparked the war resulted in the deaths of 1,219 people, mostly civilians, according to an AFP tally based on official figures.

Israel’s offensive has killed at least 62,686 Palestinians, most of them civilians, according to figures from the health ministry in Hamas-run Gaza that the United Nations considers reliable.

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Venezuela Frees Eight Opposition Leaders

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Venezuelan authorities released eight opposition leaders from jail early Sunday, including a former congressman and two Italian citizens, and granted house arrest to five others, an opposition politician said.

Most of those released had been charged with corruption in opposition-run mayoral offices.

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Also set free was Congressman, Amirico de Grazia, detained amid protests that erupted during President Nicolas Maduro’s reelection in 2024.

READ ALSO:Russia, Ukraine Exchange Prisoners Of War, Civilians

Today, several families are once again embracing their loved ones. We know there are many left, and we have not forgotten them; we continue to fight for everyone,” two-time former presidential candidate Henrique Capriles said on X.

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Opposition leaders Victor Jurado, Simon Vargas, Arelis Ojeda Escalante, Mayra Castro, Diana Berrio, Gorka Carnevalli, as well as Italian nationals Margarita Assenzo and de Grazia were released, Capriles said.

Nabil Maalouf, Valentin Gutierrez Pineda, Rafael Ramirez, Pedro Guanipa, and David Barroso were placed under house arrest.

READ ALSO:US Ambassador To Paris Slams Macron Over Rising Antisemitism

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The Italian government confirmed the release of de Grazia and Assenzo, who must appear in court to clarify the conditions of their release. It also vowed to continue working on securing the release of other detained Italians.

We have always said, and we maintain it: we will talk to whomever we need to talk to so that there is not a single political prisoner in our Venezuela!” Capriles added.

AFP

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Russia, Ukraine Exchange Prisoners Of War, Civilians

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Russia and Ukraine each sent back more prisoners of war on Sunday in the latest in a series of exchanges that have seen hundreds of POWs released this year, the two sides said.

Large-scale prisoner exchanges were the only tangible result of three rounds of talks between Russia and Ukraine in Istanbul between May and July.

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They remain one of the few areas of cooperation between the two countries since Russia’s offensive began in 2022.

On August 24, 146 Russian servicemen were returned from the territory controlled” by Kyiv, the Russian defence ministry said on Telegram.

READ ALSO:Russia Returns Bodies Of 1,000 Ukrainian Soldiers

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In exchange, 146 prisoners of war of the Ukrainian Armed Forces were transferred” to Ukraine, it added. Ukraine did not confirm any figures for the release.

Russia also said that “eight citizens of the Russian Federation—residents of the Kursk region, illegally detained” by Kyiv were also returned.

Ukrainian forces launched a surprise incursion into Russia’s Kursk region in August last year, seizing hundreds of square kilometres (miles) of territory in a major setback for the Kremlin.

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Russia deployed thousands of troops from its ally North Korea as part of a counterattack but did not fully reclaim the region until April.

READ ALSO:Top Russian General Seriously Wounded In Ukraine – Officials

Among the Ukrainians released on Sunday was journalist Dmytro Khyliuk, President Volodymyr Zelensky said.

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Khyliuk was kidnapped in the Kyiv region in March 2022. He is finally home in Ukraine,” Zelensky said on social media.

Also freed was former Kherson mayor Volodymyr Mykolayenko, “who spent more than three years in captivity,” Zelensky’s aide Andriy Yermak wrote on X.

In 2022, he was on the list for return, but Volodymyr voluntarily refused to be exchanged in favour of a seriously ill prisoner with whom he was sharing a cell in a Russian prison,” Yermak said.

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